Secret key

[BrainSorcerer]

Hi guys,

'Long time' (some months) lurker here, first time poster though. I had a question to which I couldn't find an answer using the search feature on this forum. Therefor I finally registered an account in the hope someone can answer my question!

I have an account at Gatehub, I know my wallet address and I know my secret key (written down somewhere). I understand that if Gatehub gets hacked or if the owners feel the need to steal my XRP (or whatever) I'm probably f'd, but what if Gatehub just goes out of bussiness for whatever reason? If the owners decide they don't want to have anything to do with it anymore and take down the website or if the website goes down for any other reason. Wouldn't I still be able to get to my XRP in my wallet using my wallet address and secret key somehow and transfer them to another account at Kraken for example?

I'm really curious and I hope one of you can answer my question. Thanks in advance!

[Trickery]

Yes you can still access your wallet but it's never a good idea to leave your XRPs on an exchange unless you are day trading.

[BrainSorcerer]

Thanks! It's just an small amount (not yet worth buying a Nano for), but I'll definitely consider some other storing options once the price starts rising. And the reason why it isn't a good idea to leave your XRP on Gatehub is that they can get hacked or the owners can 'steal' them from me? Or is there also some other reason?

[Trickery]

It isn't so much that Gatehub will steal them it's more likely that your own computer gets hacked, you also need to make sure you check the url when opening your Gatehub ac as some folk have been redirected to a malicious site that looks the same but steals your stash.

[BrainSorcerer]

Thank you very much for your answers!

[Trickery]

Check this topic.

https://www.xrpchat.com/topic/9704-700000-ripple-stolen-from-my-gatehub-account/?page=5&tab=comments#comment-96447